Jinlong Co., Ltd. announced that the company plans to transfer 20% of its shares in Dongguan Securities, which is expected to constitute a major asset restructuring. Recently, the company and Dongguan Investment Capital Investment Co., Ltd. reached a preliminary agreement on the intention of Investment Control Capital to acquire 30 million shares of Dongguan Securities held by the company, and signed a non-binding transaction memorandum. Next, the two parties will continue negotiations and negotiations on matters relating to the underlying share transaction, and the company will carry out the audit, evaluation and due diligence work on this transaction as soon as possible. There is still uncertainty about whether this transaction will be approved and when it will be completed.

Jinlong Co., Ltd. announced that the company plans to transfer 20% of its shares in Dongguan Securities, which is expected to constitute a major asset restructuring. Recently, the company and Dongguan Investment Holdings Capital Investment Co., Ltd. reached a preliminary agreement on the intention of Investment Control Capital to acquire 30 million shares of Dongguan Securities held by the company, and signed a non-binding memorandum of understanding on the transaction. Next, the two parties will continue negotiations and negotiations on matters relating to the underlying share transaction, and the company will carry out the audit, evaluation and due diligence work on this transaction as soon as possible. There is still uncertainty about whether this transaction will be approved and when it will be completed.